Mgic Invt Corp Wis: (NYSE: MTG)

$6.13

0.11 (1.83%)

Volume 10,705,551

May 23 04:01 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		5.81 - 6.25
	
		52wk Low - High
		0.66 - 6.60
	
		Previous Close
		6.02
	
		Avg. Volume
		13,093,596
	
		Industry
		INS-MULTI LINE
	
		Market Cap
		1.22 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		3.41
	
		PE (Forward)
		0.00
	
		Current Year Est.
		-0.78
	
		Quarterly Earnings ESP 
		-6.25%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

                Premium research
            
		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
                                                        
		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

                                                                    Zacks Equity Research Home
Zacks Premium - The only way to get access to Zacks Recommendations
                                                                
		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

                                                                About Zacks Industry Rank

                                                                Zacks Industry Rank - All current industry ranks. 

                                                                Zacks Premium - The only way to get access to the Zacks Industry Rank
                                                            
		17 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

                                        Zacks Equity Research Home
                                        Zacks Premium - The only way to get access to Zacks Recommendations
                                    
Updated as of 05/6/2013

		PREMIUM
	
    (  = Change in last 30 days) 
Get all our stock ratings and recommendations with a Free Trial to Zacks Premium Start Free Trial 
Zacks Premium Home | Zacks Rank Stock Education

                Key Earnings Data
            
                            PE (Forward)
                            NA
                        
                            PEG Ratio
                            NA
                        
                            Current Year Est.
                            -0.78
                        
                            Current Quarter Estimate
                            -0.16
                        
                            Most Accurate Estimate
                            -0.17
                        
                            Earnings ESP 
                            -6.25%
                        
                            Next Earnings Report Date
                            08-08-2013
                        
                            EPS Last Year
                            -5.39
                        
                            Expected Earnings Growth
                            NA
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes with less than 20% down payments. If the home owner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution.   
Full MTG Company Report

        
NYSE data is at least 20 minutes delayed.
NASDAQ data is at least 15 minutes delayed.

            Interactive Java Charting | Fundamental Charts
        
            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
MTG Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	-0.16	-0.20	-0.78	0.25
Number of Estimates	4	4	4	4
Low Estimate	-0.21	-0.27	-0.93	-0.15
High Estimate	-0.12	-0.12	-0.60	NA
Year Ago EPS	-1.49	-1.25	-5.56	-0.78
EPS Growth	89.60%	84.20%	86.06%	131.94%

More MTG Estimates

Average Earnings Estimates for MTG

EPS Growth for MTG

Industry Analysis

Name	Symbol	Previous Close
MGIC INVSTMT CP	MTG	6.02
ASSURED GUARNTY	AGO	23.36
EASTERN INSURNC	EIHI	18.57
KEMPER CORP	KMPR	33.66
OLD REP INTL	ORI	14.00
AMER INTL GRP	AIG	44.31
CIGNA CORP	CI	67.96
CNO FINL GRP	CNO	11.61
HARTFORD FIN SV	HIG	30.64
HORACE MANN EDS	HMN	22.69

Sector:Finance>> Industry:INS-MULTI LINE

COMPARE TICKER vs. Its Peers

Zacks Commentary

MBIA Narrows Loss YoY

May 10, 2013

MGIC Reports Wider Loss YoY

May 03, 2013

Assurant Hits New 52-Week High

Apr 09, 2013

MGIC Raises Capital

Mar 08, 2013

MBIA Reverses Prior-Year Loss

Mar 04, 2013

MGIC Posts Wider-than-Expected Loss

Mar 01, 2013

Wider-than-Expected Loss at MGIC

Nov 14, 2012

MGIC Posts Loss Yet Again

Aug 03, 2012

More MTG Zacks Commentary

Financials

EPS TTM	-5.39
Sales	1,378
Net Income	-980
Price/Earnings	NA
Price/Book	1.57
Price/Cash Flow	NA
Price/Sales	0.96

More MTG Financials

News

Timbercreek Senior Mortgage Investment Corporation May 2013 Dividend - Cnw Group

May 22, 2013

Once Left for Dead, These Insurers Are Scaling New Heights - TheMotleyFool

May 21, 2013

John Paulson`s Top 5 Biggest New Buys - GuruFocus

May 17, 2013

MTG, GNW, AFL, NDAQ, and SPG Early Briefing and Review - Accesswire-Tnw

May 17, 2013

Reveal Insider Trading for Tesla Motors, Intel, Apple, Nokia, Walt Disney, and MGIC Investment - Pr Newswire

May 15, 2013

MGIC Investment Corp.Corporate Event Announcement Notice - Wall Street Horizon

May 14, 2013

MGIC Investment Corp.Corporate Event Announcement Notice - Wall Street Horizon

May 13, 2013

MGIC Investment seeks shareholder nod to up common share count - M2

May 13, 2013

See All News Stories on MTG

Broker Recommendations

Current ABR	2.50
ABR (Last Week)	2.60
# of recs in ABR	4
Average Target Price	6.50
Industry Rank by ABR	17 out of 265
Rank in Industry	13 out of 24

More MTG Broker Recommendations

Day Low - High	5.81 - 6.25
52wk Low - High	0.66 - 6.60
Previous Close	6.02
Avg. Volume	13,093,596
Industry	INS-MULTI LINE
Market Cap	1.22 B
Div - Yield	0.00 - 0.00
Beta	3.41
PE (Forward)	0.00
Current Year Est.	-0.78
Quarterly Earnings ESP	-6.25%

PE (Forward)	NA
PEG Ratio	NA
Current Year Est.	-0.78
Current Quarter Estimate	-0.16
Most Accurate Estimate	-0.17
Earnings ESP	-6.25%
Next Earnings Report Date	08-08-2013
EPS Last Year	-5.39
Expected Earnings Growth	NA

Username: Password:

Remember me [?]

Mgic Invt Corp Wis: (NYSE: MTG)

$6.13

0.11 (1.83%)

Volume 10,705,551

May 23 04:01 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description